Value Network Development in Industry 4.0 Environment

Ruohomaa, Heikki; Kantola, Jussi; Salminen, Vesa

doi:10.1007/978-3-319-60372-8_4

Cited by 11 publications

(5 citation statements)

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“…A more general issue appearing in the analysed papers is the conceptual model of merging Industry 4.0 and CE (Okorie et al, 2018;Ming-Lang Tseng et al, 2018) and the barriers to and limitations of CE and Industry 4.0 (Cezarino et al, 2019;Rajput & Singh, 2019b). In this context, we establish an educational programme aiming to train bioengineering ICT experts (Ruohomaa et al, 2018).…”

Section: Findings Results and Discussionmentioning

confidence: 99%

Circular Economy and Industry 4.0: One-Way or Two-way Relationships?

Ćwiklicki

Wojnarowska

2020

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The ability of Industry 4.0 to help solve complex economic and social problems and implement complex concepts is assessed. Currently, one of the greatest challenges is the integration of the circular economy (CE) into real business practices. However, the link between these two ideas is not fully recognised, causing an interpretative dilemma. Therefore, the aim of this paper is to identify the relationships between the CE and Industry 4.0. For this purpose, we performed a systematic literature review and content analysis of selected articles indexed in Scopus, Web of Science, ScienceDirect, and EBSCO. In total, 32 papers published during the period 2017-2020 were analysed. The findings show a one-way relationship, i.e., Industry 4.0 leads to a CE, and a two-way relationship, indicating synergy between these concepts. The key spheres of the CE in terms of Industry 4.0 are the recycle and reuse strategy applied in smart production and a sustainable supply chain. This study demonstrates the importance of company (micro) and industry (meso) levels as application areas. The most promising digitalisation tools of Industry 4.0 are the Internet of Things (IoT) and Big Data Analytics. The article concludes with the limitations of the study and a formulation of directions for future research.

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Section: Findings Results and Discussionmentioning

confidence: 99%

Circular Economy and Industry 4.0: One-Way or Two-way Relationships?

Ćwiklicki

Wojnarowska

2020

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“…Since there is no effective own organic development model for SMEs at present, it is necessary to create the possibility of financing for learning and development of the smaller ones that can only be achieved through cooperation and ecosystem think-ing (Müller, J.M. et al 2018;Rouhamaa, H. et al 2018). A competitive advantage could be gained by pooling separate, sporadic developments in a resource-efficient way and eliminating duplication, but this would require a properly functioning network of institutions, an entrepreneurial culture and trust.…”

Section: Discussion Of Empirical Experiencesmentioning

confidence: 99%

“…The development of info-communication technologies enables the increasing coordination of dispersed production, optimisation of the entire value-creating network, foresight and avoidance of disruption for those who influence value chains (Alcácer, J. et al 2016;Rouhamaa, H. et al 2018). Further relative increase of the value of enterprise centres is suggested by fixed costs increasing due to the high investment demand of Industry 4.0 and innovativeness and also by variable costs (by units) decreasing due to efficiency (Porter, M.E.…”

Section: Industry 40 In Connection With Global Economic Geographymentioning

confidence: 99%

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Industry 4.0 in a dualistic manufacturing sector – qualitative experiences from enterprises and their environment, Eastern Hungary

2020

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Industry 4.0 developing on the basis of digitalisation is gradually transforming production, the conditions of competition and relationships in global industry, affecting its interpretation and expanding its limits. This paper attempts to explore changing economic geographical context with the revaluation of comparative and competitive advantages in a semi-peripheral area of the EU. Based on company interviews, the effects of the new technologies of Industry 4.0 on the dual Hungarian manufacturing industry and its spatial structure are studied, and that whether they contribute to the reduction of duality and geographical polarization. In Eastern Hungary – just like in most areas in East-Central Europe – internationally competitive manufacturing companies emerged almost exclusively as a result of foreign direct investment, while domestic companies are forced into secondary or dependent roles. The empirical research has revealed significant differences in the progress of companies in Industry 4.0. Hungarian-owned companies evolve in a specific way from several aspects and face many difficulties. In contrast, enterprises with foreign interest continue to be the engine of development, driven from the “outside”. Duality is also reflected in the corporate structure, in space and in the realisation of Industry 4.0.

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“…Technology competence in the Fourth Industrial Revolution is also increasingly interlinked; as a convergence of digital, physical and biological realms in particular (Ruohomaa, Kantola & Salminen, 2018). The 4IR for sustainable development is designed to demonstrate the potential of Innovations of the Fourth Industrial Revolution and their applications to the most pressing environmental issues in the world.…”

Section: Introductionmentioning

confidence: 99%